Laserfiche WebLink
<br /> ,. I <br />~ ""' <br />.' <br />. . , <br />. <br />. <br /> Councilman ..... introduced the following written <br />resolution and moved its adoption: <br /> RESOLUTION NO. ,.. <br /> RESOLUTION AWARDING SALE AND FIXING <br /> FORM AND SPECIFICATIONS OF $490,000 <br /> PERMANENT IMPROVEMENT BONDS OF 1973, <br /> PROVIDING FOR THEIR EXECUTION AND <br /> DELIVERY AND CREATING FUNDS FOR THEIR PAYMENT <br /> BE IT RESOL17ED by the Village Council of the Village of New <br />Brighton, Minnesota, as follows: <br /> 1. All action heretofore taken in connection with the issuance <br />and sale of $490,000 Permanent Improvement Bonds of 1973 is hereby ratified <br />and !::onfirmed, and the sale theIieof is awarded to ... ".trllI ....... PIlI <br />on its bid to purchase bonds bearing interest as follows: <br />..... 4t.... ..... UtI-.... ... ...... <br />11ft.... ....... .NI.... - ...... <br />uti. ... ....... UN.. .... --.- <br />..., ..... .. ..... UN....... .. ..... <br />lID .. ....... ..... ... -... - ,.... <br />,,,.. ... . ..... I.,..... --,- <br />0It -... ... _.- UII- .... ..... ..... <br />... .. ... .. ..... ,.. ..... - ..... <br />at a price of $~~" and accrued interest. Said bid is hereby <br />found to be the best bid, providing an average annual net interest cost <br />not exceeding 7% per annum. The Mayor and Village Manager are hereby <br />authorized and directed to execute a contract with the successful bidder <br />and the Treasurer to return the good faith checks of all unsuccessful <br />bidders forthwith. The bonds shall be numbered serially from I upwards <br />in chronological order of maturity dates and shall be in the following <br />denomination (5) : <br /> Serial Numbers Denomination <br /> 1-.111.... .... <br /> 2. The form of such bonds and the interest coupons to be <br />thereto attached, which form is before this meeting, is hereby approved <br />and the Manager is authorized to cause to be prepared bonds in such <br />form and in the denominations and identifying the bank of payment <br />specified by the successful biddero <br /> .-it The Village Council shall meet on "'.~1l' , the ,_ <br />day of , 1973 at'. to o! clock" oM., for the purpose of <br />adopting a final resolution specifying all terms of the bonds, <br />identifying the bond form, providing funds for their payment and <br />authorizing and ratifying action necessary for their execution and <br />delivery. <br />